Call for Papers
Rivista Bancaria – Minerva Bancaria
ISSN: 1594-7556
The Italian Financial System facing Pandemic: challenges and new perspectives for Intermediaries, Markets and Services
2020 was the worst year for the Italian economy since World War II. The fall in GDP exceeded the combined reduction observed in 2008 and 2009. Employment has so far been somehow protected by the firing ban and the supporting measures provided by fiscal policy with both national and European funds. On a Euro area level, the December 2020 Eurosystem staff macroeconomic projections foresaw annual real GDP decreasing by 7.3% in 2020, and increasing by 3.9% in 2021, 4.2% in 2022 and 2.1% 2023 (ECB, 2021). The pandemic has pushed the global economy into a recession of uncertain magnitude and duration.
The financial sector is one of the sectors most badly affected by the COVID-19 pandemic, and has the challenging task to sustain the flow of credit during a period of declining growth and to manage heightened risks. Even if it is more resilient and better equipped to support the real economy than it was at the onset of the 2007-2008 financial crisis, uncertainty about the scale and duration of the economic impact of the COVID-19 pandemic continues to pose strains on the financial system (FSB, 2020). Now more than ever, banks, insurance companies, investment and financial firms, pension funds must help themselves and their customers in making good decisions in a highly stressed and volatile operating environment.
At a time of crisis, it is important that academics, financial regulatory and supervisory authorities and industry share their insights and experience, helping each other to contain and mitigate both the short- and the long-term impact of the pandemic on the financial system and the economy. This special issue of Rivista Bancaria – Minerva Bancaria aims to provide a platform to publish studies on the COVID-19-related challenges and problems for financial markets and institutions, as well as current and potential solutions.
We invite submissions that relate to (but are not limited to) the following areas:
- Asset pricing
- Asset management
- Banking
- Behavioural finance
- Capital makets
- Corporate finance
- Corporate governance
- Financial regulation and supervision
- Financial stability
- Monetary policy measures
- Risk management
By May 31st, 2021, interested authors can submit their papers, in Italian or English, to the email address redazione@rivistabancaria.it. Once received the notification of the acceptance, the paper will go through a fast-track double blind peer review and eventually published in September 2021.
